FMP

FMP

Enter

OUNZ - VanEck Merk Gol...

photo-url-https://images.financialmodelingprep.com/symbol/OUNZ.png

VanEck Merk Gold Trust

OUNZ

AMEX

OUNZ, unlike other gold funds that hold physical bullion, the fund allows individual investors to redeem shares in exchange for 1 ounce coins. Like most gold funds, OUNZ should hew closely to the price of gold, lagging only by its fee, making it an excellent way to get exposure to the price of gold. OUNZ's NAV is set by the London PM fix, so apparent premiums and discounts may simply reflect a stale NAV. While the ability to redeem for actual gold is unique, it's important to note that large minimum fees do make it impractical to redeem smaller quantities. While long-term gains are taxable at the 28% rate, redeeming shares for gold is not a taxable event until the coins or bars are sold.

25.31 USD

0.27 (1.07%)

Historical Prices

From:

To:

We are unable to load the chart at this time.

fmp-logo

About

ceo

N/A

sector

Financial Services

industry

Asset Management

website

N/A

exchange

AMEX

Description

OUNZ, unlike other gold funds that hold physical bullion, the fund allows individual investors to redeem shares in exchange for 1 ounce coins. Like most gold funds, OUNZ should hew closely to the price of gold, lagging only by its fee, making it an excellent way to get exposure to the price of gold. OUNZ's NAV is set by the London PM fix, so apparent premiums and discounts may simply reflect a stale NAV. While the ability to redeem for actual gold is unique, it's important to note that large minimum fees do make it impractical to redeem smaller quantities. While long-term gains are taxable at the 28% rate, redeeming shares for gold is not a taxable event until the coins or bars are sold.

CIK

0001546652

ISIN

US9210781012

CUSIP

921078101

Address

N/A

Phone

NA

Country

US

Employee

N/A

IPO Date

May 16, 2014

Sector Weightings

We are unable to load the chart at this time.

fmp-logo

Country Weightings

We are unable to load the chart at this time.

fmp-logo

Financial Statement

We are unable to load the chart at this time.

fmp-logo

Earnings

We are unable to load the chart at this time.

fmp-logo

OUNZ Financial Summary

ISIN

US9210781012

Exchange

AMEX

Beta

0.17

Market Cap

1.22B

52-Week

19.185-26.935

Volume Avg.

974.27k

Price

25.31

Country

US

Management Assets

-

Total Holdings

-

NAV

-

NAV Currency

-

Upgrades and Downgrades

We are unable to load this data!

fmp-logo

Latest OUNZ News

It looks like there's no news available.

fmp-logo
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep